Saudi Arabia, Vietnam, Cooperate On Ag

Matt Hopkins Posted by Matt Hopkins|12 April 2010

RIYADH, Saudi Arabia — Citing Vietnamese experience in ensuring food security, Saudi Arabian ministers want to enhance agriculture connections with Vietnam in agriculture, according to VOV News. Minister of Agriculture Fahad Bin Abdulrahman Balgonaim, Finance Minister Ibrahim Bin Abdullaziz Al-Assaf, and Minister of Industry and Trade Abdullah Bin Ahmad Zainal all individually met with Vietnamese President Nguyen Minh Triet in Riyadh on April 11. Afterward, the ministers proposed signing an agreement encouraging investment with Vietnam and protecting both countries in trade.

Triet, who asked Saudi Arabia to grant preferential loans for Vietnamese infrastructure development in rural areas, said Vietnam will create the best possible conditions for Saudi Arabian businesses investments. He also said Vietnam is ready to help the Saudis improve agricultural production techniques.

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